2022
Exports
$92.9MWorld Rnk 29 / 206
Flag Rnk 138 / 1177
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.9Rnk 210 / 1025
2022
Imports
$99.6MWorld Rnk 50 / 220
Flag Rnk 282 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $92.9M in Bi-Wheel Vehicle Parts, making it the 29th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 138th most exported product in Hong Kong. The main destination of Bi-Wheel Vehicle Parts exports from Hong Kong are: Mexico ($32.9M), Netherlands ($15.1M), Hungary ($6.88M), United States ($5.07M), and India ($4.09M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Hong Kong between 2021 and 2022 were Mexico ($9.69M), Hungary ($5.36M), and Sri Lanka ($1.97M).

Imports In 2022, Hong Kong imported $99.6M in Bi-Wheel Vehicle Parts, becoming the 50th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 282nd most imported product in Hong Kong. Hong Kong imports Bi-Wheel Vehicle Parts primarily from: China ($43.6M), Italy ($16.1M), Chinese Taipei ($10.5M), United States ($5.73M), and Japan ($5.23M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Hong Kong between 2021 and 2022 were Italy ($1.35M), Germany ($850k), and Spain ($553k).

COMPANIES In 2023, leading companies such as Asus Computer (14), John Deere (9), and REI (Recreational Equipment Incorporated) (3) were at the forefront of shipping Bi-Wheel Vehicle Parts from Hong Kong to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bi-Wheel Vehicle Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$92.9M
IMPORTS (2022)$99.6M
NET TRADE (2022)-$6.7M

In 2022, Hong Kong exported $92.9M in Bi-Wheel Vehicle Parts. The main destinations of Hong Kong exports on Bi-Wheel Vehicle Parts were Mexico ($32.9M), Netherlands ($15.1M), Hungary ($6.88M), United States ($5.07M), and India ($4.09M).

In 2022, Hong Kong imported $99.6M in Bi-Wheel Vehicle Parts, mainly from China ($43.6M), Italy ($16.1M), Chinese Taipei ($10.5M), United States ($5.73M), and Japan ($5.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Mexico$9.69M (41.7%)
Hungary$5.36M (351%)
Sri Lanka$1.97M (97.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Hong Kong WERE (2021 - 2022):
China-$26.8M (-94.6%)
Chinese Taipei-$21.3M (-97.9%)
Vietnam-$7.28M (-86.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2022, Hong Kong's main importing competitors in Bi-Wheel Vehicle Parts were:

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.63M
TOP IMPORT POTENTIALChina+ $39.4M

Bi-Wheel Vehicle Parts’s highest export potential is India. With an export gap of $3.63M.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $39.4M.

See methodology.

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